What Ukraine can teach the world's banks.

Andriy Pyshnyy, the governor of the National Bank of Ukraine, discusses the country's efforts to stabilize its financial system after the invasion and the challenges they faced during the war. He highlights the importance of cloud-based banking and the need for banks to be prepared for cyber risks and blackouts. Pyshnyy also mentions the success of Ukraine's Power Banking initiative, which ensures that banks remain open during blackouts and provides basic services to the community. Despite the war's impact on the economy, Ukraine's banking sector has remained resilient, with adequate provisions and operational profitability. [Extracted from the article]